CPSS vs QQQ: Correlation
Consumer Portfolio Services, Inc. (CPSS) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPSS and QQQ?
Over the past 3 years, CPSS and QQQ moved with a correlation of 0.13, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.28 versus 0.13 over 3 years. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 89.8 %².
Among the 10 assets we track against CPSS, QQQ sits near the bottom by co-movement, at rank #6. The trailing year gives QQQ the advantage: +14.9% versus +26.3%, a 11.4-point spread. One caveat on sizing: CPSS is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CPSS vs QQQ: side by side
| CPSS (Consumer Portfolio Services, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +14.9% | +26.3% |
| 5-year return | +65.6% | +95.4% |
| Volatility (ann.) | 35.9% | 19.6% |
| Beta vs S&P 500 | 0.28 | 1.28 |
| Max drawdown (3Y) | -41.5% | -22.8% |
| Market cap | $0.2B | – |
| P/E (trailing) | 10.3 | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | CPSS | QQQ |
|---|---|---|
| 2022 | -25.3% | -32.6% |
| 2023 | +5.9% | +54.9% |
| 2024 | +15.9% | +25.6% |
| 2025 | -14.1% | +20.8% |
| 2026 | +0.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPSS and QQQ good diversifiers for each other?
Yes. With a correlation of 0.13, CPSS and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CPSS and QQQ?
As of 2026-08-27, the correlation of weekly returns between CPSS and QQQ is 0.13 over 3 years, 0.28 over 1 year and 0.34 over 5 years.
Is QQQ a good diversifier for CPSS?
Yes. With a correlation of 0.13, CPSS and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.13 mean?
On the −1 to +1 scale, 0.13 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cpss-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cpss-vs-qqq/)
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Related comparisons
Hubs: CPSS correlations · QQQ correlations
